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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Leisure Acquisition Corp. (“Leisure Acquisition” or the “Company”) (NASDAQ: LACQ) with Ensysce Biosciences, Inc. (“Ensysce”) Upon closing of the business combination, Ensysce will become a public company traded on the NASDAQ. The public stockholders of Leisure Acquisition will own 15.5% of the post-close Ensysce.
The Leisure Acquisition merger investigation concerns whether the Board of Leisure Acquisition has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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